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20131202
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LINKTV
Dec 2, 2013 2:00pm PST
tir relative importance. r e riod1929 tough 1969, he came the following conclusions. fie und that u. gnp had grown overhat 40ears at aaverage of 3.3%rate per year. about 1.3% of ts grow denison attributed t simple% expansionw of population and bor.ed n increase he aritenw that tuaity expanding lar force had to work with-- capiltuaity accumution. lar force these two items represen the growth of inputs-- and doot necessarily represent any new way noticehe bigs. remaining item nearly half e growth rate, which represents increased output per unit ofnput. this is really where technocical ogress comes into play. re, we areealing wi new technologies, adnces in knowledge, e increased education and skills of the r foe. it's responsible for nearly out, and on a per capita sis, perhaps 75% or 80% of ourrowth. so t case of satellite communications is not really exceptional. ever sincehe sam engine, new technology has been systematically revolutionizing our lives. growth. in many parts of the world, growth means growth of population, growth in poverty, growthn e scarcity of resources. today in a
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